MMPC-010 · December 2024 · English
IGNOU MMPC-010 December 2024 Previous Year Question Paper
MANAGERIAL ECONOMICS
Structured previous year question paper for MMPC-010, December 2024 session.
Max marks: 100 · Questions: 9
Verified: 11 Sept 2026
MASTER OF BUSINESS
ADMINISTRATION
(MBA)
Term-End Examination
December, 2024
MMPC–010 : MANAGERIAL ECONOMICS
Time : 3 Hours Maximum Marks : 100
Note : Attempt any five questions. All questions
carry equal marks.
Q1.Explain the scope of Managerial Economics.
Q2.Describe how is Managerial E conomics linked with other disciplines. [ 2 ]
Q3.Differentiate between the following with the help of an example :
(a) Unconstrained Optimization Technique
(b) Constrained Optimization Technique
Q4.Explain the relationship between demand, price elasticity and revenue with the help of diagrammatic representation.
Q5.Write short notes on the following demand forecasting techniques :
(a) Expert opinion
(b) Surveys
Q6.Describe Production Isoquant. How does the Marginal Rate of Technical Substitution (MRTS) explain the relationship between labour and capital ? Explain using diagram.
Q7.Explain break -even chart as an analytical tool frequently employed by managerial economists.
Q8.Differentiate between the following :
(a) Effect of a change in demand on price and quantity
(b) Effect of a change in supply on price and quantity
Q9.Write short notes on the following :
(a) Game Theory (Prisoner’s dilemma)
(b) Price Leadership